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903 N 129th Infantry Dr 17,313 SF 100% Leased Office Building Joliet, IL 60435 $3,650,000 ($210.82/SF) 5.36% Cap Rate

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INVESTMENT HIGHLIGHTS

  • One Of Joliet's Premier Medical/Health Related Buildings Within 2.5 Miles Of Ascension St. Joseph Hospital And Numerous Medical Facilities.
  • Fully Leased Building With Three Of The Tenants Being Current Owners Who Are Willing To Continue As Tenants With New Owner.
  • Over 140 Paved Parking Spaces With Separate Employee Entries To Each Suite.
  • Constructed in 2005 with Suite remodels in 2021, 2023 and 2024.

EXECUTIVE SUMMARY

Three of the current tenants are owners of the building. The three owners would be willing to renegotiate their leases when their current leases expire on 12/31/2025.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
17,313 SF
Building Class
B
Year Built
2005
Price
$3,650,000
Price Per SF
$210.82
Cap Rate
5.36%
NOI
$195,461
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
17,313 SF
Building FAR
0.18
Lot Size
2.23 AC
Zoning
R-B - JOLIET RESTRICTED BUSINESS DISTRICT ZONING
Parking
140 Spaces (8.09 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Storage Space
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Alternatives Pregnancy Resource Center, Inc.
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

At Malinowski & Sefcik, D.D.S., we value our patient relationships, making it our priority to deliver gentle, compassionate care that you deserve from your dentist. We work hard to make you feel at ease by providing exceptional patient care in a relaxed, convenient atmosphere. We strive to develop lifelong relationships with our patients by combining the latest dental technology with a professional and compassionate staff. The result is a beautiful, healthy smile that lasts a lifetime. The doctors are sensitive to the value of your time and are dedicated to following an accurate and organized schedule. We pride ourselves on being prompt and seeing people as scheduled so you don’t need to worry about waiting. We also believe that patients should have sufficient information to make educated decisions about their oral health, treatment options and choice of dentist. You'll find all of this important information on our website, including directions to our Joliet office, service descript

  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Midwest Respiratory, Ltd. is a specialty group provider of pulmonary, critical care and sleep medicine. We offer exceptional health care to the Joliet, New Lenox and greater Southwest Chicago suburbs. Our services are provided by a highly qualified staff led by dedicated physicians with many years of service to the community. Our goal is to be a strong resource for our patients’ well-being and health care needs.

  • Midwest Sleep Disorders Center
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Professional Endodontics of Illinois Inc.
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Redwood MSO, LLC
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Alternatives Pregnancy Resource Center, Inc. Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
Midwest Sleep Disorders Center Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
Professional Endodontics of Illinois Inc. Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
Redwood MSO, LLC Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
  • Listing ID: 34672011

  • Date on Market: 1/31/2025

  • Last Updated:

  • Address: 903 N 129th Infantry Dr, Joliet, IL 60435

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